STI NEWS;"Retail investors may get unused staff quota in IPOs"plus 1 more

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Retail investors may get unused staff quota in IPOs Posted: 21 May 2011 07:58 PM PDT Market regulator Securities and Exchange Board of India (SEBI) is considering allowing companies to allocate the unused quota in public offers exclusively to retail investors. The move is expected to further increase retail participation in government offers where the employee quota is usually undersubscribed while retail is oversold because of good pricing. "A proposal is under... ...... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

From 01/04/2011 , companies must issue Form No.16A generated through TIN only Posted: 21 May 2011 03:21 AM PDT The Income Tax Department in order to  overcome the challenge of mismatch between TDS claim as per TDS certificate and the TDS as per NSDL database, has now initiated a  facility in the Tax Information Network website (TIN Website) which will enable a deductor to download TDS certificate in Form No.16A from the TIN Website [...] From 01/04/2011 , companies must issue Form No.16A generated through... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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